Siyaram Recycling Industries (BOM:544047) Return-on-Tangible-Asset: 0.51% (As of Mar. 2026) — 87% Below Median

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BOM:544047 Siyaram Recycling Industries Ltd BOM:544047
36 GF Score
Price ₹37.00
! 8 Warning Signs
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What is Siyaram Recycling Industries Return-on-Tangible-Asset?

Siyaram Recycling Industries BOM:544047 +4.37% 36 Return-on-Tangible-Asset is 0.51% as of Mar. 2026, which is 87% below its 10-year median of 3.98. GuruFocus rates BOM:544047 with a GF Score™ of 36/100. The stock has 8 warning signs investors should review. Among 3,089 Industrial Products companies, Siyaram Recycling Industries ranks worse than 65.07% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Siyaram Recycling Industries's annualized Net Income for the quarter that ended in Mar. 2026 was ₹14 Mil. Siyaram Recycling Industries's average total tangible assets for the quarter that ended in Mar. 2026 was ₹2,819 Mil. Therefore, Siyaram Recycling Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.51%.

The historical rank and industry rank for Siyaram Recycling Industries's Return-on-Tangible-Asset or its related term are showing as below:

BOM:544047' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.34   Med: 3.98   Max: 6.43
Current: 1.34

During the past 6 years, Siyaram Recycling Industries's highest Return-on-Tangible-Asset was 6.43%. The lowest was 1.34%. And the median was 3.98%.

BOM:544047's Return-on-Tangible-Asset is ranked worse than
65.07% of 3089 companies
in the Industrial Products industry
Industry Median: 3.37 vs BOM:544047: 1.34

Siyaram Recycling Industries  (BOM:544047) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Siyaram Recycling Industries Return-on-Tangible-Asset Related Terms


Siyaram Recycling Industries Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Siyaram Recycling Industries's Return-on-Tangible-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Siyaram Recycling Industries Return-on-Tangible-Asset Chart

Siyaram Recycling Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial 3.28 5.74 4.68 6.43 1.36

Siyaram Recycling Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only 4.21 8.35 5.73 2.15 0.51

BOM:544047 vs ATI, CRS, MLI: Return-on-Tangible-Asset Comparison

For the Metal Fabrication subindustry, Siyaram Recycling Industries's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Siyaram Recycling Industries Return-on-Tangible-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Siyaram Recycling Industries's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Siyaram Recycling Industries's Return-on-Tangible-Asset falls into.


BOM:544047
36GF Score
Siyaram Recycling Industries Ltd BOM:544047
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siyaram Recycling Industries Return-on-Tangible-Asset Calculation

Siyaram Recycling Industries's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=37.92/( (2832.45+2738.888)/ 2 )
=37.92/2785.669
=1.36 %

Siyaram Recycling Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=14.294/( (2898.409+2738.888)/ 2 )
=14.294/2818.6485
=0.51 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 0.51% mean?
Siyaram Recycling Industries (BOM:544047) has a Return-on-Tangible-Asset of 0.51% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Siyaram Recycling Industries and its competitors. This is 87% below median its historical median of 3.98. Over the past decade, Siyaram Recycling Industries' Return-on-Tangible-Asset has ranged from 1.34 to 6.43. According to the industry distribution chart, Siyaram Recycling Industries ranks #2010 out of 3089 companies in the Industrial Products industry, placing it in the top 65.1%.
Is Siyaram Recycling Industries' Return-on-Tangible-Asset too high?
Siyaram Recycling Industries' current Return-on-Tangible-Asset of 0.51% is 87% below median its 10-year median of 3.98. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 6.43. The Industrial Products industry median Return-on-Tangible-Asset is 3.37. Siyaram Recycling Industries' value of 0.51% is 84.9% below this industry median. Based on the distribution chart, Siyaram Recycling Industries ranks #2010 out of 3089 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Siyaram Recycling Industries has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Siyaram Recycling Industries' Return-on-Tangible-Asset compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Siyaram Recycling Industries ranks #2010 out of 3089 companies for Return-on-Tangible-Asset. This places Siyaram Recycling Industries in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.37. Siyaram Recycling Industries' value of 0.51% is 84.9% below this benchmark. Historically, Siyaram Recycling Industries' own Return-on-Tangible-Asset has ranged from 1.34 to 6.43 over the past decade. While the company's 10-year median is 3.98 vs. the industry median of 3.37, Siyaram Recycling Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.37, based on 3,089 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Siyaram Recycling Industries's current Return-on-Tangible-Asset of 0.51% is 84.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Siyaram Recycling Industries and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siyaram Recycling Industries's current Return-on-Tangible-Asset is 0.51%, which is 87% below median its own 10-year median of 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siyaram Recycling Industries stock overvalued right now?
Siyaram Recycling Industries (BOM:544047) has a current Return-on-Tangible-Asset of 0.51%. The current Return-on-Tangible-Asset is 0.51%, which is 87% below median its 10-year median of 3.98 and 84.9% below the Industrial Products industry median of 3.37. Siyaram Recycling Industries' overall GF Score™ is 36/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Siyaram Recycling Industries (BOM:544047), the current Return-on-Tangible-Asset is 0.51% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Siyaram Recycling Industries Business Description

Address Plot No. 6 & 7, Village: Lakhabaval Post: Khodiyar Colony, Jamnagar, GJ, IND, 361006
Siyaram Recycling Industries Ltd is primarily engaged in the segregation of brass scrap, manufacturing of brass ingots, billets and brass rods and manufacturing of brass-based components such as plumbing and sanitary parts. The company also manufactures brass ingots, billets and rods through brass scrap and is mainly exported to China. Additionally, it supplies brass ingots to esteemed customers in India such as Astral Limited, Kajaria Bathware and AGI Greenpac. It procures brass scrap mainly from international market such as USA, UK, Europe and Middle East. Post procurement, segregation of brass is done and is mainly sold by in Gujarat.
36GF Score

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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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